The purposes of writing a diary are very varied and there are none. There is no journal entry to forecast sales, but actual sales are recorded when they occur. The bills received are not recorded in the diary, but are recorded in the diary when the bill is actually paid or when public services are used. A composite journal entry is an entry that records more than one business transaction in a single journal entry. To record the journal entry, it is mandatory that the business transaction has already been made; otherwise, no journal entry can be made before the business transaction occurs.
More Posts
The Power of Keeping a Journal: Why is it Important to Record Your Life Events?
Alfred Deshner1 minute 8, seconds readKeeping a journal can be an invaluable tool for tracking the important decisions in your life. It is a natural, chronological record of your progress and allows you to remember the reasons behind your choices for those significant life events.
How do i write a journal prompt?
Alfred Deshner1 minute 53, seconds readHelp students keep a journal with our list of instructions for writing a journal. Idea to help students express their own thoughts.
The Benefits of Keeping a Journal Everyday
Alfred Deshner1 minute 33, seconds readWriting is an art that can be improved with practice. Keeping a journal is one of the best ways to practice and hone your writing skills. Journals are also great for organizing your thoughts and making them understandable.
The Power of Journaling: 8 Benefits of Keeping a Diary
Alfred Deshner3 minutes 19, seconds readWriting is a powerful tool that can help us understand our thoughts & feelings & gain insight into our emotions & even improve physical health. Explore the top 8 benefits of keeping a diary & how to get started.